Leasing Restriction Sample Clauses

Leasing Restriction. Provided that, on the condition that and only so long as (i) the Tenant originally named herein (or its Permitted Transferee engaged in the same line of business as the Tenant originally named herein) directly leases from Landlord at least 100,000 square feet of rentable floor area in the Building, (ii) this Lease is still in full force and effect, and (iii) Tenant has neither assigned this Lease nor sublet more than twenty-five percent (25%) of the Premises then leased by Tenant (except for an assignment or sublease under Section 5.6. l below and except for the Initial Second Floor Subleases), (a) Landlord shall not hereafter directly enter into a lease of other space in the Building with Medidata Solutions Worldwide ("Medidata"), or any of Medidata's successors, parent or holding companies, subsidiaries, divisions or affiliates (but only to the extent any of the foregoing are engaged in the same line of business as Medidata and are in direct competition with the Tenant originally named herein or any Successor Entity to which this Lease is assigned or the Premises sublet under Section 5.6. l below), and (b) Landlord agrees to include in all leases entered into after the date hereof (the "Future Leases") the same clause as is contained in Section 5.6.2(h) below (the "Assignment and Subletting Restriction Clause") which would allow Landlord to withhold its consent (and Landlord shall so withhold its consent) to a proposed assignment or sublease that would be in violation of the restrictions of this Section 4.5. Landlord further represents that the PRTM Lease and the lease between Landlord and Administaff Client Services, L.P. dated S·\Lcgal\Waltham\77 Founh Avcnuc\Lcascs\Phasc Forward (H).doc September 18, 2007 (the "Existing Leases") do contain the Assignment and Subletting Restriction Clause. Landlord shall use commercially reasonable efforts to enforce the terms of the Assignment and Subletting Restriction Clauses in the Existing Leases and the Future Leases, but in no event shall Landlord be liable to Tenant (x) for the failure of other occupants of the Building to comply with the Assignment and Subletting Restriction Clause so long as Landlord has withheld its consent and used commercially reasonable efforts to enforce the same as aforesaid or (y) to the extent that a court of competent jurisdiction determines that the Assignment and Subletting Restriction Clause is invalid and/or unenforceable.
Sample 1
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Leasing Restriction. Without the prior written consent of Investor Member, PECO Member shall not, nor shall it permit any other PECO Control Group member to, enter into a New Lease with a Restricted Tenant for a vacancy in a Competing Building. In no event shall the foregoing restriction apply if: (i) the Restricted Tenant continues to occupy the applicable Property pursuant to the terms of its existing lease, or (ii) the Restricted Tenant seeks new retail space, and (x) was not initially solicited by a PECO Control Group member for the purpose of leasing or relocating to a Competing Building, (y) was informed of such space in a Competing Building from general solicitations to the public pursuant to advertisements, signage or otherwise, or (z) hires a broker or consultant to assist such Restricted Tenant in evaluating retail space. None of the PECO Control Group members shall be restricted or limited in any way whatsoever with respect to any leasing activities not expressly prohibited by the express terms of this Section 3.1(C), including, without limitation, leasing space to any entity that is not a Restricted Tenant or leasing space to a Restricted Tenant in a building that is not a Competing Building. If PECO Member violates the terms of this Section 3.1(C) during the term of the Company resulting in a Leasing Restriction Violation, such Leasing Restriction Violation shall constitute a Bad Act for purposes of this Agreement. Subject to any applicable confidentiality restrictions prohibiting the same, PECO Member shall deliver an annual report to Investor Member reflecting the following information with respect to any New Leases entered into by a PECO Control Group member during such applicable period at a Competing Building: (i) name of the tenant and (ii) location of the Competing Building. In the event Investor Member requests additional economic or square footage information about a particular New Lease, PECO Member shall provide it, subject to any applicable confidentiality, contractual, legal or fiduciary restrictions prohibiting or limiting same.
Sample 1
Leasing Restriction. Section 39.1 Provided that (i) no monetary or material non-monetary Event of Default shall have occurred and be continuing, (ii) this Lease shall be in full force and effect and (iii) Original Tenant shall be in Occupancy of at least four hundred thousand (400,000) RSF in the Building, then (A) Landlord shall not lease any space in the Building, nor consent to any sublease (or sub-sublease, if applicable) with respect to any space in the Building, to a Competitor, without Tenant’s consent (it being agreed that Tenant’s consent to any such lease, sublease or sub-sublease shall be given or withheld at Tenant’s sole discretion) and (B) Landlord shall not grant any Competitor which is a tenant or subtenant in the Building (including, but not limited to, any Affiliate of Landlord which shall then be a Competitor) the right to install its corporate flag on any of the flagpoles located in the public park on the Real Property; provided, however, in no event shall the provisions of this clause (B) prevent Landlord or Xxxxxxxxxxx Properties, Inc. from installing its corporate flag on any such flagpole. Landlord agrees that for so long as Original Tenant shall be in Occupancy of four hundred thousand (400,000) RSF in the Building, all leases to tenants in the Building entered into from and after the date hereof (other than the lease for space in the Building currently being negotiated by Landlord and Xxxxx & Xxxxx P.C.) shall include such restrictions as are contained in this Article 39.
Sample 1
Leasing Restriction. Seller hereby covenants and agrees that from and after the Commencement Date and continuing through December 31, 2014, neither Seller nor its affiliates will enter into any lease agreement for space in any building owned by Seller or its affiliates in the portion of Charlotte, North Carolina located within the I-277 Loop with Xxxxxxxxxx Xxxxxxxx LLP or PriceWaterhouseCoopers or any of their respective affiliates.
Sample 1
Leasing Restriction. Landlord hereby agrees with Tenant that Landlord shall not enter into a lease of (a) more than 1,000 square feet of space in the Building with a residential mortgage company, or (b) more than 5,000 square feet of space in the Building with another bank, without the express written consent of Abington Savings Bank, provided that this restriction shall expire and have no further force or effect during the last twelve (12) months of the Term (unless Tenant shall have exercised any then existing options to extend the Term pursuant to Article XV, in which event this restriction shall remain in effect until the last twelve (12) months of the Term as so extended).
Sample 1
Leasing Restriction. Subject to the terms of this Paragraph 11, during the New Term and, if so exercised, the renewal term referenced in Paragraph 10 above, Landlord shall not lease space in the Building to (or, except with regard to leases in effect as of the date hereof, permit a sublease of space in the Building to) any of the following competitors of Tenant (each a “Tenant Competitor”): Cisco, Splunk or ServiceNow (the “Leasing Restriction”). Notwithstanding the foregoing, the Leasing Restriction shall be inapplicable if, as of the date Landlord desires to lease space in the Building to a particular Tenant Competitor (i) there exists an uncured monetary Event of Default or a material non-monetary Event of Default, or (ii) Tenant originally named herein (and/or an Affiliate thereof) is not the Tenant under this Lease or (iii) Tenant (and/or an Affiliate thereof) is not actively conducting, in at least eight-five percent (85%) of the Premises then covered by the Lease, a business which is still reasonably deemed competitive with the business then conducted by the Tenant Competitor. If the Leasing Restriction became inapplicable due to the occurrence of any of the clauses in the immediately preceding sentence, then the Leasing Restriction shall permanently be terminated.
Sample 1
Leasing Restriction. The following new Paragraph 3.8 is added to the Lease:
Sample 1
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Leasing Restriction. Landlord agrees that it will not lease any space in the Building to a Competitor of Tenant without first obtaining Tenant’s prior written consent. For purposes of this Section, “Competitor” means any company engaged in the manufacturing, sale, distribution, research and development, or marketing of medical devices. This restriction shall be effective only so long as Tenant is occupying at least 50% of the Premises, and shall expire upon the subleasing by Tenant of 50% or more of the Premises (other than to an Affiliate of Tenant) or upon an assignment of this Lease (other than to an Affiliate of Tenant).
Sample 1
Leasing Restriction. So long as Tenant or any Permitted Transferee meets the Signage Criteria and no uncured monetary event of default exists under this lease following notice and the expiration of any applicable cure period, Landlord agrees that Landlord shall not enter into a lease for any space in the Building or consent to an assignment or sublease of any space in the Building to a tenant whose primary use of the Premises is for the origination and sale of residential mortgages. If Tenant (or its Permitted Transferee) no longer meets the Signage Criteria, the foregoing exclusive shall be deemed null and void and of no further force or effect for the remainder of the term of the lease (including any extensions or renewals).
Sample 1

Related to Leasing Restriction

  • Use Restriction Executive shall use the Trade Secrets, other Confidential Information and/or Inventions only for the limited purpose for which they were disclosed. Executive shall not disclose the Trade Secrets, other Confidential Information and/or Inventions to any third party without first obtaining written consent from the Board of Directors and shall disclose the Trade Secrets, other Confidential Information and/or Inventions only to Employer's own employees having a need know. Executive shall promptly notify the Board of Directors of any items of Trade Secrets prematurely disclosed.

  • Basic Restrictions (i) (1) No Person, other than an Excepted Holder, shall Beneficially Own or Constructively Own Shares in excess of the Aggregate Ownership Limit, (2) no Person, other than an Excepted Holder, shall Beneficially Own or Constructively Own Common Shares in excess of the Common Share Ownership Limit and (3) no Excepted Holder shall Beneficially Own or Constructively Own Shares in excess of the Excepted Holder Limit for such Excepted Holder.

  • Selling Restrictions (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to purchase under any pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement.

  • Offering Restrictions You will not make any offers or sales of Securities or any Other Securities in jurisdictions outside the United States except under circumstances that will result in compliance with (i) applicable laws, including private placement requirements, in each such jurisdiction and (ii) the restrictions on offers or sales set forth in any AAU or the Prospectus, Preliminary Prospectus, Offering Circular, or Preliminary Offering Circular, as the case may be. It is understood that, except as specified in the Prospectus or Offering Circular or applicable AAU, no action has been taken by the Manager, the Issuer, the Guarantor, or the Seller to permit you to offer Securities in any jurisdiction other than the United States, in the case of a Registered Offering, where action would be required for such purpose.

  • Voting Restrictions The Investor shall not be subject to voting or other restrictions arising under any applicable "anti-takeover" laws, rules or regulations.

  • Use Restrictions (a) Company will not do or attempt to do, and Company will not permit any other person or entity to do or attempt to do, any of the following, directly or indirectly:

  • Encroachments, Restrictions, Etc Lessor represents and warrants that the Leased Improvements do not materially encroach upon any property, street or right-of-way adjacent to the Leased Property, or violate the agreements or conditions contained in any lawful restrictive covenant or other agreement affecting the Leased Property, or any part thereof, or impair the rights of others under any easement or right-of-way to which the Leased Property is subject. Except to the extent that such representation and warranty is breached by Lessor, if any of the Leased Improvements, at any time hereafter, materially encroach upon any property, street or right-of-way adjacent to the Leased Property, or violate the agreements or conditions contained in any lawful restrictive covenant or other agreement affecting the Leased Property, or any part thereof, or impair the rights of others under any easement or right-of-way to which the Leased Property is subject, then promptly upon the request of Lessor or at the behest of any Person affected by any such encroachment, violation or impairment, Lessee shall, at its expense, subject to its right to contest the existence of any encroachment, violation or impairment and in such case, in the event of an adverse final determination, either (a) obtain valid and effective waivers or settlements of all claims, liabilities and damages resulting from each such encroachment, violation or impairment, whether the same shall affect Lessor or Lessee or (b) make such changes in the Leased Improvements, and take such other actions, as Lessee in the good faith exercise of its judgment deems reasonably practicable to remove such encroachment, and to end such violation or impairment, including, if necessary, the alteration of any of the Leased Improvements, and in any event take all such actions as may be necessary in order to be able to continue the operation of the Leased Improvements for the Primary Intended Use substantially in the manner and to the extent the Leased Improvements were operated prior to the assertion of such violation, impairment or encroachment. Any such alteration shall be made in conformity with the applicable requirements of Article 10. Lessee’s obligations under this Section 9.2 shall be in addition to and shall in no way discharge or diminish any obligation of any insurer under any policy of title or other insurance held by Lessor.

  • Acknowledgment Regarding Restrictions Employee recognizes and agrees that the restraints contained in Section 6 (both separately and in total), including the geographic scope thereof in light of Company’s marketing efforts, are reasonable and enforceable in view of Company’s legitimate interests in protecting its Confidential Information and customer goodwill and the limited scope of the restrictions in Section 6.

  • Lock-Up Restrictions The Optionee hereby agrees to any lockup of the Shares which the Board of Directors of the Company requests when requested by an investment banker or underwriter providing financing to the Company.

  • Issuance Restrictions (i) If the Company has not obtained the approval of its shareholders in accordance with NASDAQ Listing Rule 5635(d), then the Company may not issue upon exercise of this Warrant a number of Warrant Shares, which, when aggregated with any shares of Common Stock (i) issued pursuant to the Purchase Agreement, (ii) issuable upon conversion of the Notes issued pursuant to the Purchase Agreement; (iii) issuable upon prior exercise of this or any other Warrant issued pursuant to the Purchase Agreement and (iv) issuable pursuant to any warrants issued to any registered broker-dealer as a fee in connection with the issuance of Securities pursuant to the Purchase Agreement, would exceed 19.99% shares of Common Stock, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of the Purchase Agreement (such number of shares, the “Issuable Maximum”). The Holder and the holders of the other Warrants issued pursuant to the Purchase Agreement shall be entitled to a portion of the Issuable Maximum equal to the quotient obtained by dividing (x) the Holder’s original Aggregate Purchase Price by (y) the aggregate original Aggregate Purchase Price of all Purchasers pursuant to the Purchase Agreement. In addition, the Holder may allocate its pro-rata portion of the Issuable Maximum among Warrants held by it in its sole discretion. Such portion shall be adjusted upward ratably in the event a Holder no longer holds any Warrants and the amount of shares issued to such Holder pursuant to its Warrants was less than such Holder’s pro-rata share of the Issuable Maximum. For avoidance of doubt, unless and until any required approval of the Company’s shareholders of the issuance of Securities pursuant to the Purchase Agreement (“Shareholder Approval”) is obtained and effective, warrants issued to any registered broker-dealer as a fee in connection with the Securities issued pursuant to the Purchase Agreement as described in clause (iii) above shall provide that such warrants shall not be allocated any portion of the Issuable Maximum and shall be unexercisable unless and until such Shareholder Approval is obtained and effective. Notwithstanding anything herein to the contrary, the Issuance Restrictions of this Section 2 shall be inapplicable to any Warrants issued with an exercise price at the greater of the book or market value pursuant to NASDAQ Rule 5635(d). The limitations contained in this paragraph shall apply to a successor holder of this Warrant.

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